British government loses court case on how to trigger Brexit

LONDON (Nov 3): England's High Court ruled on Thursday that the British government requires parliamentary approval to trigger the process of exiting the European Union, a major upset for Prime Minister Theresa May's plans for Brexit.

Sterling rose on the news, with many investors taking the view that lawmakers would temper the government's policies and make an economically disruptive "hard Brexit" less likely.

The court said it had granted the government permission to appeal against the ruling before the Supreme Court, which has set aside Dec 5-8 to deal with the matter.

---

Related Stories

• 'Feliz año nuevo Chino' from Spain
• Spilling the beans on the cost of Brexit
• Sabana REIT’s trustee announces application for Order 32 to clarify issues around trust deed amendment

---